The move by the bank's rate-setting Monetary Policy Council lowers the reference rate from 5 percent to 4.75 percent, public broadcaster Polish Radio’s IAR news agency reported.
In July, the council cut rates by 25 basis points, reducing the reference rate from 5.25 percent to 5 percent.
In May, the panel lowered rates by 50 basis points, cutting the reference rate from 5.75 percent to 5.25 percent.
Poland's central bank chief Adam Glapiński at the time cited weakening wage pressures and a slowing economy as justification.
Inflation in Poland stood at 2.8 percent in year-on-year terms in August, according to a flash estimate by the country’s statistics office.
In 2023, the council slashed rates by a total of 100 basis points, following a tightening cycle in 2021 and 2022 aimed at curbing surging consumer prices.
(gs)
Source: IAR, PAP